Monetary Sector credit to private sector (% GDP) in Grenada
Grenada: Monetary Sector credit to private sector (% GDP) was 57.5% in 2025. ▲ Rising
Monetary Sector credit to private sector in Grenada, 1977–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2025, monetary sector credit to private sector in Grenada stood at 57.5%.
The figure is up 3.3% on the previous year and up 0.4% over ten years.
Over the whole period, monetary sector credit to private sector in Grenada peaked at 84.9% in 2011 and was at its lowest, 20.7%, in 1984.
That places Grenada 57th out of 187 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 49 years of available data.
Monetary Sector credit to private sector (% GDP) in Grenada, year by year
| Year | % GDP | Change |
|---|---|---|
| 1977 | 26.3% | — |
| 1978 | 25.2% | -4.4% |
| 1979 | 23.3% | -7.4% |
| 1980 | 24.2% | +3.7% |
| 1981 | 24.1% | -0.4% |
| 1982 | 23.3% | -3.3% |
| 1983 | 21.4% | -8.0% |
| 1984 | 20.7% | -3.4% |
| 1985 | 24.2% | +17.1% |
| 1986 | 30.0% | +24.0% |
| 1987 | 32.5% | +8.3% |
| 1988 | 33.3% | +2.5% |
| 1989 | 37.8% | +13.5% |
| 1990 | 36.1% | -4.7% |
| 1991 | 35.4% | -1.8% |
| 1992 | 37.6% | +6.2% |
| 1993 | 49.4% | +31.5% |
| 1994 | 47.2% | -4.5% |
| 1995 | 47.3% | +0.2% |
| 1996 | 50.0% | +5.6% |
| 1997 | 55.5% | +11.1% |
| 1998 | 56.9% | +2.4% |
| 1999 | 59.0% | +3.7% |
| 2000 | 62.6% | +6.0% |
| 2001 | 63.1% | +0.8% |
| 2002 | 61.4% | -2.6% |
| 2003 | 58.5% | -4.8% |
| 2004 | 61.6% | +5.4% |
| 2005 | 58.0% | -6.0% |
| 2006 | 64.9% | +12.0% |
| 2007 | 68.8% | +6.0% |
| 2008 | 70.1% | +1.9% |
| 2009 | 79.4% | +13.3% |
| 2010 | 84.0% | +5.8% |
| 2011 | 84.9% | +1.1% |
| 2012 | 82.8% | -2.4% |
| 2013 | 74.3% | -10.3% |
| 2014 | 65.2% | -12.2% |
| 2015 | 57.3% | -12.1% |
| 2016 | 53.7% | -6.3% |
| 2017 | 51.1% | -4.9% |
| 2018 | 50.6% | -0.8% |
| 2019 | 49.5% | -2.2% |
| 2020 | 59.4% | +19.9% |
| 2021 | 57.3% | -3.5% |
| 2022 | 53.6% | -6.4% |
| 2023 | 51.0% | -4.9% |
| 2024 | 55.7% | +9.2% |
| 2025 | 57.5% | +3.3% |
Grenada compared with similar countries
- Grenada's 57.5% is above the median for upper middle income countries, which is 39.9%, 1.4× the median. (55 countries reporting)
- Grenada's 57.5% is above the median for Latin America & Caribbean, which is 43.1%, 1.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.9% | 23.3% | 26.3% | 3 |
| 1980s | 27.1% | 20.7% | 37.8% | 10 |
| 1990s | 47.4% | 35.4% | 59.0% | 10 |
| 2000s | 64.8% | 58.0% | 79.4% | 10 |
| 2010s | 65.3% | 49.5% | 84.9% | 10 |
| 2020s | 55.8% | 51.0% | 59.4% | 6 |
Countries ranked near Grenada
More financial sector data for Grenada
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.72 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.02 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.72 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Grenada?
- Monetary sector credit to private sector in Grenada was 57.5% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Grenada?
- The highest recorded value was 84.9% in 2011.
- What is the lowest monetary sector credit to private sector recorded in Grenada?
- The lowest recorded value was 20.7% in 1984.
- How does Grenada rank for monetary sector credit to private sector?
- Grenada ranks 57th out of 187 countries with data for 2025.
- Is monetary sector credit to private sector rising or falling in Grenada?
- Over the last ten years it is up 0.4%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.